IMO this latest run is likely hype for the syncrude, BHP trial results.
Been expecting news any day now... looks like traders are getting set.
I've entertained the idea of leaky leak - not from SDV but from these multinationals - specifically employees/contractors who have witnessed our trial taking place and word of mouth is getting around that a little 100M smallcap is likely to sign a contract worth a good chunk of that... the volume isn't enough to suggest inside trading but the price has been pushed higher than i'd expect from the usual traders waiting on news.
Just my musings, likely off the mark but hey I do love a bit of speculation and the past couple weeks sure has me thinking
Trading Volumes and Price, page-269
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Last
48.0¢ |
Change
0.075(18.5%) |
Mkt cap ! $91.10M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 48.0¢ | 41.5¢ | $687.1K | 1.541M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 48141 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 59826 | 2 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| SDV (ASX) Chart |